Steve buys last year's best-selling novel, in hardcover, for $14.00$14.00. This is with a 30%30% discount from the original price. What was the original price of the novel?
Question
Steve buys last year's best-selling novel, in hardcover, for 14.00. This is with a 30%30% discount from the original price. What was the original price of the novel?
Solution
Step 1: Understand that the price Steve paid is only 70% of the original price because he got a 30% discount.
Step 2: Set up the equation to find the original price (let's call it X). The equation is 70% of X = 14.00.
Step 3: Solve the equation for X by dividing both sides of the equation by 0.70.
So, X = 20.00.
Therefore, the original price of the novel was $20.00.
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